Standard Chartered - Nickel and Dimes
The surge in nickel prices and the wrong-way trade(s) will mean bank counter-party risk, with STAN being highlighted in reports. ROA risk can be...
388 Views
TCAP - Concerns Oversized?
TCAP continues to see market capitulation well below early FY20, unlike Thai banks, despite its exceptionally high 8% dividend yield and ROA of...
368 Views
Thailand Financials – High Yield & Reflation
Recovery is still likely in coming quarters given developments. Low rates will remain, and this makes high dividend yield financials more interesting.
364 Views
CHAYO: No Cheap Opportunity to Participate in High Growth
We maintain our SELL recommendation on CHAYO but raise our target price to Bt13.70 (previously Bt8.70), implying a downside of 20% from the current...
427 Views
Ngern Tid Lor Pre-IPO - Pre-COVID Growth Track Record Has Been Very Strong
Ngern Tid Lor (NTL), a financial service provider based in Thailand, aims to raise around US$750m via selling a mix of primary and secondary shares...
660 Views